Wankai New (China) Technical Analysis

301216 Stock   10.73  0.03  0.28%   
As of the 22nd of December, Wankai New maintains the Mean Deviation of 1.91, downside deviation of 3.15, and Market Risk Adjusted Performance of 1.08. Wankai New Materials technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.

Wankai New Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wankai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Wankai
  
Wankai New's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Wankai New technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Wankai New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wankai New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Wankai New Materials Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Wankai New Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wankai New Materials Trend Analysis

Use this graph to draw trend lines for Wankai New Materials. You can use it to identify possible trend reversals for Wankai New as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Wankai New price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Wankai New Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wankai New Materials applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Wankai New Materials will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.73, which is the sum of squared deviations for the predicted Wankai New price change compared to its average price change.

About Wankai New Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Wankai New Materials on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Wankai New Materials based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wankai New Materials price pattern first instead of the macroeconomic environment surrounding Wankai New Materials. By analyzing Wankai New's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Wankai New's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Wankai New specific price patterns or momentum indicators. Please read more on our technical analysis page.

Wankai New December 22, 2024 Technical Indicators

Most technical analysis of Wankai help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wankai from various momentum indicators to cycle indicators. When you analyze Wankai charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Wankai Stock analysis

When running Wankai New's price analysis, check to measure Wankai New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wankai New is operating at the current time. Most of Wankai New's value examination focuses on studying past and present price action to predict the probability of Wankai New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wankai New's price. Additionally, you may evaluate how the addition of Wankai New to your portfolios can decrease your overall portfolio volatility.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
Transaction History
View history of all your transactions and understand their impact on performance